Standoff at Malaba border affected Uganda’s coffee exports for January 2022
The Uganda Coffee Development Authority (UCDA) has said the standoff at Malaba border points with Kenya that led to the fuel crisis also affected...
Uganda’s economy beats forecast, grows by 6.5% in 2021
Uganda’s economy grew by between 6.5 and 7.0 per cent in 2021, beating projections due to effects of Covid-19 restrictions, Bank of Uganda (BoU)...
How closure of Commercial Banks sealed Kasekende’s chances of succeeding Mutebile
Dr Louis Kasekende, the former Bank of Uganda (BoU) deputy governor, has no chance of bouncing back to that institution as Governor, following the...
SEACOM takes over Africell assets in Uganda
SEACOM, the pan-African telecommunications service provider, has announced it will acquire selected infrastructure assets from Africell in Uganda. The acquisition marks a significant step...
Supreme Court orders BoU to pay Sudhir, return Crane Bank
Supreme Court has dismissed Bank of Uganda’s appeal against Sudhir Ruparelia and Meera Investments, and ordered the central bank to directly pay costs at...
